HoldenLoss


GM Holden reports loss

GM Holden has been in the international spotlight of late thanks to its new VE Commodore sedan, but the Aussie subsidiary is now getting attention because of its poor financial performance. Despite the Commodore maintaining its position as the number one selling vehicle down under in 2006, total revenues were down 7.8% over the period, which meant that Holden ended up with a substantial $123.7 million loss. To its credit, the results were skewed by the costs associated with launching the VE range, along with a host of other reasons. Management ... Read more →

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Autoblog Podcast #157: Mike Levine trucks along with us.

Mike Levine from PickupTrucks.com joins Chris, Sam, and Dan this week and gets a chance to talk about cars, too! 

 
 

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